Under Faculty of Arts and Science regulations, students are responsible for fulfilling prerequisites. Students enrolled in courses for which they do not have the published prerequisites may have their registration in those courses cancelled at any time without warning.
The Department of Economics supports this requirement and strictly enforces it. Our policy towards prerequisites is clearly laid out in the Faculty of Arts and Sciences Calendar:
NOTE: Please read prerequisites and exclusions carefully. Course prerequisites are strictly enforced and are not just “recommended preparation.” For all mathematics and statistics course prerequisites, the level of the course is also important. For all third and fourth year economics courses, FULL YEAR intermediate course prerequisites are mandatory: a similar “half course” version is not acceptable. All prerequisites must be fully completed BEFORE a course can be taken. Courses that are prerequisites cannot be taken simultaneously with the courses for which they are a prerequisite (i.e., they are not "co-requisites"). Students from other institutions must show their transcripts to the department if they are using prior courses as prerequisites. The same rules apply.We highlight this text in bold for a reason: to convey the seriousness that we take prerequisites. Our approach in program design is to clearly lay out requirements and rules, then apply them consistently and fairly -- without exception. Students must plan their programs according to these guidelines. We never grant exceptions for poor planning, or changes in plans. Ever.
It is the student’s responsibility to check the prerequisites before enrolling in any course. Any student who lacks one or more prerequisites for any 200+ series ECO course but decides to enrol anyway will eventually be identified through a prerequisite check and removed from the course. It may then be too late to enrol in another course, which may add time to complete the degree requirements. Please note that instructors cannot waive prerequisites.
The Department of Economics at St. George accepts the following course equivalents to meet prerequisite requirements, but the reverse may not be true at the other campuses.
| UTM Courses | UTSC Courses | UTSG Courses | ||||
|---|---|---|---|---|---|---|
| Course | MIN Grade Requirement | Course | MIN Grade Requirement | Courses | ||
| ECO100Y5 | 67%* or 70%** | equivalent to | ECO101H1 + ECO102H1 ( formerly ECO100Y1 ) | |||
| ECO101H5 | 63%* or 70%** | OR | MGEA02H3 | 67%* or 70%** | equivalent to | ECO101H1 |
| ECO102H5 | 63%* or 70%** | OR | MGEA06H3 | 67%* or 70%** | equivalent to | ECO102H1 |
| MGEA01H3 + MGEA05H3 | 80%* | equivalent to | ECO105Y1 | |||
| ECO200Y5 | OR | MGEB02H3 + MGEC02H3 | equivalent to | ECO200Y1 | ||
| ECO202Y5 | OR | MGEB06H3 + MGEC06H3 | equivalent to | ECO202Y1 | ||
| ECO206Y5 | equivalent to | ECO206Y1 | ||||
| ECO208Y5 | equivalent to | ECO208Y1 | ||||
| ECO220Y5 | OR | MGEB11H3 + MGEB12H3 | equivalent to | ECO220Y1 | ||
| ECO227Y5 | equivalent to | ECO227Y1 | ||||
* A minimum grade is required to meet prerequisites for ECO200Y1/ECO202Y1/ECO220Y1.
** A minimum grade of 70% is required to meet prerequisites for ECO206Y1/ECO208Y1/ECO227Y1.
Students who believe they have completed courses equivalent to the published prerequisites at another institution must submit a transcript along with a copy of the course syllabus from that institution to the Undergraduate Administrator. This should be done as early as possible, preferably prior to enroling in a course. Failure to do so will inevitably result in the student being removed from the course, usually after classes have started. For visiting / non-degree students, please note that a “letter of permission” from your home institution or campus means that you will receive a transfer credit upon completion of a course offered on the St. George campus but not that you are authorized to enrol in the course. Only the Department of Economics on the St. George campus can issue such authorization.
If a student has formally been granted a transfer credit for a specific course, that transfer credit will automatically be accepted for prerequisite purposes.
Requests to waive prerequisites are almost never approved. If, after reading this notice, you still decide to submit such a request, you should arrange a meeting with the Undergraduate Administrator or Commerce Administrator and bring a copy of your full academic record to that meeting. The question at that meeting will only concern whether a prerequisite condition is actually met, not whether it will be waived.